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Rule Title: PROHIBITED STATEMENTS
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Department: STATE AUDITOR
Chapter: INSURANCE DEPARTMENT
Subchapter: Proxies, Consents, and Authorizations Of Domestic Stock Insurers
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.6.1325    PROHIBITED STATEMENTS

(1) No solicitation subject to this sub-chapter may be made by means of a proxy statement, form of proxy, notice of meeting, or other communication, written or oral, containing any statement which:

(1) Is, at the time and in the light of the circumstances under which it is made, false or misleading with respect to any material fact;

(2) Fails to state any material fact necessary in order to make the statements therein not false or misleading; or

(3) Fails to state any material fact necessary to correct any statement, made in an earlier communication with respect to the solicitation of a proxy for the same meeting or subject matter, which has become false or misleading.

History: Sec. 33-3-447 MCA; IMP, Sec. 33-3-447 MCA; EMERG, NEW, Eff. 5/5/75.


 

 
MAR Notices Effective From Effective To History Notes
5/5/1975 Current History: Sec. 33-3-447 MCA; IMP, Sec. 33-3-447 MCA; EMERG, NEW, Eff. 5/5/75.
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